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Growing New Ventures, Creating New Jobs: Principles and Practices of Successful Business Incubation by Jana Matthews

Growing New Ventures, Creating New Jobs: Principles and Practices of Successful Business Incubation

by Jana Matthews
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Book cover type: Hardcover
  • ISBN13: 9781567200331
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Praeger
  • Publisher Imprint: Praeger
  • Publication Date:
  • Pages: 176
  • Original Price: GBP 65.0
  • Language: English
  • Edition: N/A
  • Item Weight: 417 grams
  • BISAC Subject(s): Leadership and Entrepreneurship

From the Back Cover
Well managed business incubators with programs and services that help their client companies grow are important mechanisms for economic development in America. Although the number of business incubators in the United States has grown from 10 to 500 in the last 15 years, the success of these incubators has been mixed. Many incubator directors are so busy with public relations, fund raising and administrative duties that they spend very little time working with client companies. Mark Rice and Jana Matthews, incubator experts, have identified three key principles and 10 best practices of successful incubators - those that help entrepreneurs grow their companies. This book provides a litmus test for determining an incubator's feasibility, suggests ways to attract high-quality entrepreneurs, and includes many hands-on examples from some of the country's best business incubators. The authors have developed alternative financial models for incubators, clearly delineated board and staff responsibilities, and outlined many different ways to help entrepreneurs grow their companies, depending on their stage of development.

MARK P. RICE is the director of the Center for Entrepreneurship of New Technological Ventures at Rensselaer Polytechnic Institute (RPI). He has served on the board of directors of National Business Incubation Association and was its chairman from 1990-1992.

JANA B. MATTHEWS is senior research and teaching fellow and director of Entrepreneur Support Systems Programs at the Center for Entrepreneurial Leadership Inc. at the Ewing Marion Kauffman Foundation in Kansas. She is the author of three other books including Winning Combinations: The Coming Wave of Entrepreneurial Partnerships Between Large and Small Companies.

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